401(k) · DOL Form 5500 · 2023
Lam Research Corporation 401(k) Plan
Data updated 2026-08-25
- $2.6B
- Total assets Very large vs avg
- 9,237
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $277,019
- Avg per participant High balance/head
Official DOL plan name: Savings Plus Plan, Lam Research 401(k) · Sponsored by Lam Research Corporation · California · Manufacturing
$2.6B in assets, 9,237 participants
Lam Research Corporation's Savings Plus Plan, Lam Research 401(k) reported $2.6B in total assets and 9,237 participants in its 2023 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- #18,530 in Manufacturing (18,722 peers)
Coverage in California
Savings Plus Plan, Lam Research 401(k) covers 9,237 participants in California, 15x the typical California plan (state average ~630 per filing). Assets: $2.6B.
- #18,530
- in Manufacturing (18,722 peers)
- +27.6%
- assets growth YoY
- 26×
- vs typical plan assets (national mean)
Savings Plus Plan, Lam Research 401(k)'s outsized position by total assets
Savings Plus Plan, Lam Research 401(k) vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$2,558,825,948 Top 1% higher than 99% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Savings Plus Plan, Lam Research 401(k)'s large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Savings Plus Plan, Lam Research 401(k) lands in the large band (9,237 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Savings Plus Plan, Lam Research 401(k) reported net income rose from -$570M in the plan year 2022 filing to $554M in the plan year 2023 filing.
- Savings Plus Plan, Lam Research 401(k) end-of-year assets rose from $2.0B in the plan year 2022 filing to $2.6B in the plan year 2023 filing.
- Savings Plus Plan, Lam Research 401(k) reported participants rose from 8,565 in the plan year 2022 filing to 9,237 in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 942634797 · Lam Research Corporation PY 2023 · 401(k)
Savings Plus Plan, Lam Research 401(k) · $2.6B · 9,237 · 99th
- BOY $2.6B
- BOY 9,237
- BOY 99th
- BOY 401(k)
- BOY near Corebridge Financial, Inc. Retirement Savings 401(k) Plan
- BOY ind #18530
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in California →
Savings Plus Plan, Lam Research 401(k) in the asset neighbourhood
California filing particulars
| Total Assets (Beginning of Year) | $2.0B |
|---|---|
| Net Assets (End of Year) | $2.6B |
| Net Income | $554M |
| Employer EIN | 942634797 |
| Plan Effective Date | 1985-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Lam Research Corporation)
Sponsor-wide plan assets over time
All Lam Research Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $2.8B 41.18814815352375% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 8,565 | $2.0B |
| 2023 | 1 | 9,237 | $2.6B |
| 2024 | 1 | 7,708 | $2.8B |
Nearby 401(k) Plans in California
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Wells Fargo & Company 401(k) Plan $51.8B · 193,919
- Google LLC 401(k) Savings Plan $39.0B · 122,867
- Oracle Corporation 401(k) Savings and Investment Plan $26.3B · 63,105
- Intel 401(k) Savings Plan $22.2B · 59,863
- Apple 401(k) Plan $19.8B · 106,111
Scale composition for Savings Plus Plan, Lam Research 401(k)
Savings Plus Plan, Lam Research 401(k) reports $2.6B in end-of-year assets across 9,237 participants (0.021% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.010% of 93,925,755 covered participants) - about $277,019 per participant (2.0x the national average assets-per-participant) . Net income for plan year 2023 was $554M.
This plan identity (EIN 942634797, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.0B to $2.8B (+41.2%) while covered participants moved from 8,565 to 7,708 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 8,565 | $2.0B | Open filing |
| 2023 | 9,237 | $2.6B | This page |
| 2024 · index core | 7,708 | $2.8B | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Savings Plus Plan, Lam Research 401(k) (401(k), $2.8B, 7,708 participants)
Savings Plus Plan, Lam Research 401(k)'s out-of-state 401(k) peers by assets and headcount
Outside California, the nearest 401(k) by assets is Corebridge Financial, Inc. Retirement Savings 401(k) Plan in TX ($2.6B); by covered participants it is Pella Corporation 401(k) Savings Plan in IA (9,243 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2.6B here).
- Corebridge Financial, Inc. Retirement Savings 401(k) Plan (TX) $2.6B · 6,531
- The Savannah River Nuclear Solutions, LLC Defined Contribution Plan (SC) $2.5B · 8,661
- Penn State Health 401(k) Savings Plan (PA) $2.6B · 14,765
- Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan (IN) $2.6B · 9,015
Similar participant headcount
Nearest other-state filings by covered participants (9,237 participants); asset peers above are excluded.
- Pella Corporation 401(k) Savings Plan (IA) 9,243 · 6 off
- Ufcw Local One 401(k) Savings Plan (NY) 9,227 · 10 off
- Coca-Cola Bottling Company United, Inc. 401(k) Plan (AL) 9,248 · 11 off
- Roa 401(k) Plan (GA) 9,219 · 18 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.